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*Yes, the industry categories are quite broad. We could spend eternity exploring the matching procedure, so let's ignore that one.
*The comment on sample sizes and explaining details is fair. We need to be clearer about what the unit of observation is when we report results.
*Yes, we can look at R&D filings and we did, we just didn't include it in the write-up. The results are in Graphs-Edited.xlsx!
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